CMA CGM reports $48 million profit, receives $1.18 billion loan
French carrier trumpets its resilience and agility during coronavirus crisis
French carrier trumpets its resilience and agility during coronavirus crisis
Two space-sharing alliances already have canceled 75 voyages through September
Authorities blame heavy seas off Australian coast for loss of medical supplies, household appliances and building materials
Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process.
Taiwanese carrier among Asian container shipping lines criticized for government subsidies.
The 24,000-TEU Algeciras will make maiden voyage from Qingdao, China, on Monday.
Social distancing will wreak havoc on trans-Pacific and Asia-Europe box volumes.
INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace 1.0, published last week by the DCSA. The platform sets a new standard in the shipping industry, setting the bar for technology companies and shipping lines alike to standardize the […]
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Yang Ming Marine Transport Corp. (TWSE:2609) said it had lower revenue and a larger loss in the third quarter of 2019 than in the same period last year. But the Taiwanese company said it is optimizing operating costs with new container ships and redelivery of chartered vessels. It has redelivered 13 of its high-cost chartered […]
Port of Los Angeles approves environmental plan for terminal that accounts for 17% of its container volume.
Import volumes see best month in 2019, but year-to-date still lower.
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
Taiwan-based box-shipping line, Yang Ming, has set up shop in Jakarta, Indonesia, with joint venture partners. The new subsidiary will be known as “PT Yang Ming Shipping Indonesia”.
As ocean carriers bring in ever-larger container ships to the U.S., the Port of New York and New Jersey says it is ready to handle them. Last week, the YM World made its first U.S. East Coast port call at Global Container Terminal in Bayonne, New Jersey. The ultra-large container ship, owned by Taiwan’s Yang […]
Yang Ming Marine Transport (TSE: 2609) narrowed its first quarter 2019 loss thanks to higher volumes of container shipments. The Taiwanese liner operator reported first quarter revenue of $1.14 billion, up 5 percent from a year earlier. The company’s net loss, after tax was $22 million in the first quarter, compared to a $67 million […]
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The Digital Container Shipping Association (DCSA) said France’s CMA CGM, Taiwanese carriers Yang Ming and Evergreen Marine, Korea’s Hyundai Merchant Marine and Israel’s ZIm are joining the group. The Amsterdam-based […]
Keelung, Taiwan-headquartered ocean container carrier Yang Ming has announced that it signed charter agreements on April 10 for four box ships of 11,000 TEU with ship-owning specialist Shoei Kisen Kaisa of Imabari City, Japan.
OOIL and Yang Ming see better revenue growth, but bottom line results diverge as finance and fuel costs hit results.